OTTO
OTTO is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Bayer, J.H. & Sons Inc. It has 14 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 44,753 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $118K, with roughly $23K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 34 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was December 2019, at 962 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about OTTO
- Who operates OTTO?
- OTTO is operated by Bayer, J.H. & Sons Inc, Railroad Commission of Texas operator number 057981.
- Where is OTTO?
- OTTO is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 01963.
- Is OTTO still producing?
- OTTO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OTTO is August 2026.
- How much has OTTO produced?
- OTTO has reported 44,753 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 14 wellbores.
- How much is OTTO worth?
- The remaining production from OTTO is estimated to be worth about $118K in total as of 26 August 2026, within a range of $65K to $171K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OTTO is a fraction of it. The estimate fits an Arps decline curve to the production OTTO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OTTO is an estimate of value, not an offer and not an appraisal.
- How much income does OTTO generate in a year?
- OTTO is forecast to net about $23K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OTTO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bayer, J.H. & Sons Inc |
|---|---|
| Field | Cooke County Regular |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 01963 |
| Wellbores | 14 |
| Reported production | 44,753 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $118K |
Where OTTO sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.